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  • #3,061
  • Aug 3, 2022 6:43am Aug 3, 2022 6:43am
Quoting ForexGoose
1751 and then 1721 are possible targets for bears if USD is more bullish {image}
Might depend on the US data today
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,062
  • Aug 3, 2022 6:55am Aug 3, 2022 6:55am
Quoting chipsngravey
{quote} Hi Gabriel, just wanted to thank you very much for sharing the pip counter, you are a very kind and giving person and i'm sure this will be returned to you in profits with your trading, all the best mate and continued success with your challenge.
You are welcome!
Thank you very much!
  • #3,063
  • Aug 3, 2022 7:12am Aug 3, 2022 7:12am
Scalping some pips
Open some buys when price was away from ema and closed them already when reached ema (works normally when price is ranging, but have to be carfeul and probably take a quick lose the moment price breaks out..which at any time will occur)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 7h10- closeed manually t2 XAUUSDM1.png Size: 41 KB
  • #3,064
  • Aug 3, 2022 8:18am Aug 3, 2022 8:18am
https://www.cnbc.com/2022/08/03/feds...recession.html

Quote
St. Louis Fed President James Bullard said he expects another 1.5 percentage points or so in interest rate increases this year.
“We’re not a recession right now. ... To some extent, a recession is in the eyes of the beholder,” he told CNBC.
Markets are pricing in another half percentage point rate hike from the Fed in September, though the chances of a third consecutive 0.75 percentage point move are rising.

I feel that another big dump in Gold is possible.
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,065
  • Aug 4, 2022 2:28am Aug 4, 2022 2:28am
#SILVER / Weekly
Attached Image (click to enlarge)
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  • #3,066
  • Aug 4, 2022 4:18am Aug 4, 2022 4:18am
I will be looking for sells only today, will look at STF's for any setups to go short. If price break above 1788 than no trade for me for today.
  • #3,067
  • Aug 4, 2022 5:17am Aug 4, 2022 5:17am
Sell limit at 1784, stop loss above 1800, target is 1767 and below
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,068
  • Aug 4, 2022 6:28am Aug 4, 2022 6:28am
Quoting ForexGoose
Sell limit at 1784, stop loss above 1800, target is 1767 and below
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-04_07-27-53.png Size: 39 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,069
  • Aug 4, 2022 6:38am Aug 4, 2022 6:38am
Opened some sells
TP 1779
SL 1783.5
Lets see ..
Attached Image (click to enlarge)
Click to Enlarge Name: 06H34- XAUUSDM1.png Size: 48 KB
  • #3,070
  • Aug 4, 2022 6:41am Aug 4, 2022 6:41am
Stopped out :/
  • #3,071
  • Aug 4, 2022 7:21am Aug 4, 2022 7:21am
Gut feeling weekly candle can touch 1810+++….
Extreme gut feeling trader
  • #3,072
  • Edited 7:53am Aug 4, 2022 7:37am | Edited 7:53am
Last account I broke the 6% daily loss again by 0.04% :/. Still need to make adjustments on my risk management. Nevertheless, everyday there are new lessons to learn. I keep a journal of every mistake I make. I already have 35 new "rules" I have written for myself every time I see something to improve. Hopefully soon , I will be a better trader and be ready to take the real 400k Challenge I already have bought. I need consistency, and..not breaking the rules. My goal, 30 days without breaking the rules before I start the real Challenge. Until now, Always end in profit, but it is not worth if suddenly I break any risk control rule. I just opened a new account again :/. Hopefully this time I may control my risk parameters in a better way.
Meanwhile, this is what I have on the new account I just opened...
Never give up!
TP ema 200 (red line), but if price rejects on support , I will close manually
Attached Image (click to enlarge)
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  • #3,073
  • Aug 4, 2022 7:40am Aug 4, 2022 7:40am
closed manually on support rejection
Attached Image (click to enlarge)
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  • #3,074
  • Aug 4, 2022 7:49am Aug 4, 2022 7:49am
ema 200 reached...price..sooner or later reach emas, 200 in this case.
Attached Image (click to enlarge)
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  • #3,075
  • Aug 4, 2022 7:56am Aug 4, 2022 7:56am
i would be surprised if it runs away from 1784 to the upside today
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #3,076
  • Aug 4, 2022 8:36am Aug 4, 2022 8:36am
Gold markets went back and forth Wednesday as we continue to levitate just below a major support area. Because of this, the market is likely to continue struggling, and the fact that the Friday session is the Non-Farm Payroll announcement probably throws even more noise into the market. Given enough time, we think this is a market that will have to make a major decision rather soon.

Closed two long positions early last night.
1773-1779
1763-1772

I should have let it run for more profit but it is trading and we make some mistakes. I closed those positions so when price go down and retest 1755 support on H1 then I can add more long positions at that support. I still believe on my bullish point of gravity which is 1799. My plan was to close all long positions at 1799 and then price will drop to bearish point of gravity 1723.
Attached Image (click to enlarge)
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Love for all; Hatred for none.
  • #3,077
  • Aug 4, 2022 9:40am Aug 4, 2022 9:40am
Not the time I prefer to trade but enter short now @ 1787.2.
Attached Image (click to enlarge)
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  • #3,078
  • Aug 4, 2022 10:42am Aug 4, 2022 10:42am
gold shows good bullish movement on h1, h4 and daily timeframes. i hope that the movement will not change and gold rises even higher to the level of 1825.1.
  • #3,079
  • Aug 4, 2022 12:19pm Aug 4, 2022 12:19pm
Weekly R2 on my chart is 1804. Break of this resistance may take price to 1813
Love for all; Hatred for none.
  • #3,080
  • Aug 4, 2022 12:34pm Aug 4, 2022 12:34pm
It seems like the Gold rally is due to the perceived China threat. I wouldn't buy from current levels under 1800 at this time as the price can reverse back down.

https://www.theguardian.com/world/li...osi-visit-live

Quote
He also warned the risk of calculation of the drills, saying, “One of the things that’s troublesome about exercises like this or missile launches like this is the risk of calculation, the risk of a mistake that could actually lead to some sort of conflict.”
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-08-04_13-41-00.png Size: 39 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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